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Organizing of emissions trading at resource capacity region economy as an instrument for living standards increasing

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  • Darya Nesterova
  • Kseniya Pyatkova

Abstract

Paper is devoted to organizing of emissions trading at resource capacity region economy as institutional innovation posses a great potential for technological modernization, sustainable economic growth and living standards increasing. It is argued that emissions trading could lead to essential effects at the resource capacity regions of Russian economy because there is a high level potential to reduce power capacity of the economy. Sverdlovsk oblast is a region with high level potential to reduce power capacity of the regional economy. Authors consider one of the Kyoto’ Protocol instrument to reduce emissions – Projects for Joint Performance – as a segment of global CO2 market where Russia could occupy a considerable share. It will allow to Russian regions with “harden†economic structure get resources to launch a process of technological modernization and improving of quality of environment. Exploring data of emissions greenhouse gases at Sverdlovsk oblast for 1990, 2000-2006 authors argue a necessity for organizing a regional emission trading via attracting projects for joint performance as an instrument to reduce emission.

Suggested Citation

  • Darya Nesterova & Kseniya Pyatkova, 2009. "Organizing of emissions trading at resource capacity region economy as an instrument for living standards increasing," Economy of region, Centre for Economic Security, Institute of Economics of Ural Branch of Russian Academy of Sciences, vol. 1(1), pages 167-181.
    • Handle: RePEc:ura:ecregj:v:1:y:2009:i:1:p:167-181
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